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In response to
"So, this industry is going to self-regulate, then?"
by
TaurusII
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No, the industry will absorb the extra costs of the regulations and try to offset them through higher prices and improved efficiency
Posted by
TWuG
Mar 18 '09, 08:55
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If there are viable alternatives for customers to turn to, then higher prices will drive customers away, further pushing them to reduce costs through increased efficiency.
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